Linius Technologies kicks first Linius Sports Club Solution goal, signs Essendon Football Club
Linius Technologies Ltd (ASX:LNU) has entered into a licence agreement with AFL's Essendon Football Club as first customer of the Linius Sports Club Solution.
This solution focuses on delivering operational and commercial benefits for a sporting organisations proprietary media content.
Linius has also appointed SwanBay, a leading video platform provider as a distribution partner in Europe, home of the worlds largest sporting organisations.
Shares up 12%
Shares were up almost 12% today to 3.8 cents.
Swanbay has completed the integration of Linius personalisation technology into its Global Content Distribution Platform (GCDP).
Linius, which offers the only cloud-based solution that transforms static video into hyper-personalised video experiences with its world-first Video Virtualization Engine
(VVE), expects to begin recognising revenue from these deals in the current quarter.
Global roll-out
Chief executive officer Chris Richardson said: “These partnerships and other POCS currently in scope across our key markets commercially validate the technology and enable us to roll it out globally with partners such as Swanbay.
“We are thrilled to be working alongside Essendon Football Club and equally as thrilled that Swanbay has made the investment to roll it out through Europe.
“Linius Sports Club Solution is applicable and replicable to all clubs and leagues such as soccer, basketball, rugby, netball and hockey.”
The Linius Sports Club Solution delivers a range of services to sports clubs including:
- Player development and coaching;
- Club member subscription;
- Fan engagement;
- Media editing;
- Archives; and
- Press relRead More – Source/a>
